Tech Company Financing Transactions
Metal Funding Round
Metal closed a $2.5 million Seed funding round on 6/22/2023. Investors included Swift Ventures, Chapter One Ventures and Y Combinator.
Transaction Overview
Company Name
Announced On
6/22/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The funding will be used to expand Metal's platform for building AI-powered applications and to provide increased support for large enterprise customers.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
134 North 4th Street
Brooklyn, NY 11249
USA
Brooklyn, NY 11249
USA
Phone
Undisclosed
Website
Email Address
Overview
Developer of memory and retrieval server intended to deploy machine learning applications effectively. The company handles the needed infrastructure such as model deployment, encoding, indexing, and APIs, and manages services that operate data transformation, indexing, and storage, enabling developers and engineers to understand how the set of AI tools can be used
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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